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Business Wire (Thu, 9:00AM)
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GlobeNewswire (May 13, 2013)
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Business Wire (May 8, 2013)
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GlobeNewswire (May 6, 2013)
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GlobeNewswire (May 6, 2013)
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Business Wire (Apr 30, 2013)
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Checking In With SolarCity's CEO, Lyndon Rive: Part 2Greentech Media • Wed, Dec 26, 2012
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Checking In With SolarCity's CEO, Lyndon Rive: Part 1Greentech Media • Wed, Dec 26, 2012
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Creative Financing For Renewable EnergyHarris Roen • Thu, Feb 28
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IPO Market Update And OutlookIPO Candy • Wed, Jan 30
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Business Wire (Thu, 9:00AM)
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at CNBC.com (May 13, 2013)
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GlobeNewswire (May 13, 2013)
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Business Wire (May 8, 2013)
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GlobeNewswire (May 6, 2013)
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GlobeNewswire (May 6, 2013)
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Business Wire (Apr 30, 2013)
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Business Wire (Apr 18, 2013)
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Business Wire (Apr 11, 2013)
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Business Wire (Mar 21, 2013)
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at CNBC.com (Mar 21, 2013)
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at MarketWatch.com (Dec 13, 2012)
SCTY vs. ETF Alternatives
Company Description
We sell renewable energy to our customers at prices below utility rates. Our long-term agreements generate recurring customer payments and position us to provide our growing base of customers with other energy products and services that further lower their energy costs. We call this “Better... More
Sector: Industrial Goods
Country: United States
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- | Earnings
- | Dividends
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- | On the move
- Monday, May 20, 10:45 AM JA Solar (JASO +34.4%) is now skying higher following its Q1 beat and full-year shipment guidance reiteration, and is providing fresh fuel for the colossal solar stock rally that started last fall (TAN +4.4%). TSL +13.3%. DQ +20%. LDK +9.9%. JKS +10.3%. SCTY +11.6%. SOL +9.4%. CSUN +8.9%. SPWR +4.9%. ASTI +9.4%. YGE +8.4%. CSIQ +6.6%. The fact 38% of JA's Q1 module shipments went to Japan (a market with higher ASPs/margins than China) is likely going over well with investors. 6 Comments [Tech, On the Move, Earnings]
- Tuesday, May 14, 12:25 PM Credit Suisse and Roth downgrade SolarCity (SCTY -2.5%) following its mixed Q1 results and 2013 guidance reiteration. Nonetheless, shares are giving back less than 1/9 of yesterday's huge gains. Roth, cutting shares to Neutral, cites a 350% post-IPO gain, 10% system-funding costs, and a potentially unsustainable 2.9% pricing "escalator" for electricity contracts as reasons to be concerned. Though SolarCity's Q2 revenue guidance is well below consensus, deployments are expected to grow to 48MW-53MW from Q1's 46MW. On the earnings call, COO Peter Rive stated SolarCity remains "delivery constrained," and is scaling its residential ops in response. 2 Comments [Tech, On the Move, Earnings]
- Monday, May 13, 4:31 PM SolarCity (SCTY): Q1 EPS of -$0.41 misses by $0.15. Revenue of $30M (+21% Y/Y) beats by $900K. 46MW deployed (+12% Y/Y). Nominal contracted payments +10% Q/Q to $1.22B. Expects Q2 revenue of $21M-$28M, below $40.5M consensus. Reiterates guidance for 250MW in 2013 deployments. Now expects positive net cash flow in Q2. Shares -6.2% AH after rising 24.2% in regular trading. CC at 5PM ET (webcast). (PR) 8 Comments [Tech, Earnings, Breaking News, On the Move]
- Monday, May 13, 12:10 AM Notable earnings after Monday’s close: HMIN, IOC, SCTY, TRQ, TTWO, VELT, WX Comment! [Earnings]
- Sunday, May 12, 5:35 PM Notable earnings after Monday’s close: HMIN, IOC, SCTY, TRQ, TTWO, VELT, WX Comment! [Earnings]
- Thursday, March 7, 2:12 PM A Q4 miss, high expectations, and a downgrade to Hold from Needham lead SolarCity (SCTY -13.4%) to tumble. Though expecting SolarCity to hit its 2013 deployment target of 250MW, Needham now sees less upside. On the earnings call, SolarCity mentioned it's talking with ratings agencies to lower financing costs for installations - the company recently refinanced some early debt to 3.45% from a prior 8%. Even after accounting for financing funds, SolarCity expects to burn cash over the next 3 quarters before again turning net cash flow positive. (slides) 2 Comments [Tech, Earnings, On the Move]
- Wednesday, March 6, 4:43 PM More on SolarCity: Expectations were high following a big run-up. 48MW of capacity installed in Q4, +129% Y/Y. Total customers +192% to 8,557, energy contracts +190% to 6,810. Transactions for other products/services +350% to 4,992. $151.3M in system investments (panel installations), well above the $64.7M in operating cash flow generated from selling electricity. $104.5M in funds raised to finance investments. Gross margin of 55.3%, up from 40% a year ago. Opex +70% Y/Y to $37.9M, above revenue of $25.3M. SCTY -9.2% AH. CC at 5PM ET (webcast). (PR) 2 Comments [Tech, Earnings]
- Wednesday, March 6, 4:16 PM SolarCity (SCTY): Q4 EPS of -$1.10 misses by $0.66. Revenue of $25.3M misses by $11M. Shares -7.6% AH. (PR) Comment! [Earnings, Breaking News, Tech, On the Move]
- Wednesday, February 27, 11:40 AM Unsurprisingly, solar stocks are giving back some of their big 2013 gains (TAN -3.7%) in response to First Solar's (FSLR -16.1%) Q4 results and guidance. LDK -9.6%. SCTY -7.7%. SPWR -6.2%. YGE -6%. TSL -4.5%. JASO -4.4%. GTAT -2.9%. Piper and Baird have joined BofA in downgrading FSLR. On the earnings call, management said it's targeting a 2013 book-to-bill of at least 1 (it was 0.8 in 2012), but cautioned it expects 2H results to be weaker than 1H results due to upcoming project completions and a greater mix of module sales. 4 Comments [Tech, On the Move, Earnings]
- Thursday, January 3, 6:25 PM SolarCity (SCTY) +2.8% AH after: 1) Announcing it deployed 156MW of solar panels (+117% Y/Y), above the company's expectation of 146MW. 85MW of the deployments involved residential installations, and 76MW commercial installations. 2) Guiding for 2013 deployments of 250MW (190MW residential, 60MW commercial). Shares are now at $13.38, well above SolarCity's (lowered) December IPO price of $8. (PR) 1 Comment [Tech, Earnings, On the Move]
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Nefas: I bet you i will miss this squeeze as well...while my money is stuck somewhere else :D -
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czhang886: there is more up to come after the Supercharger Network announcement from Musk the Power. He is going to drive the two together this time.
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Ryan Mallory
Fuinhaz Setups for May 15 2013 | $ACAD $ALXA $CETV $CSIQ $SCTY $SODA $SPU | SharePlanner http://bit.ly/13xbTQb - View all 0 replies
LATEST REPLIES
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Nefas: I bet you i will miss this squeeze as well...while my money is stuck somewhere else :D -
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czhang886: there is more up to come after the Supercharger Network announcement from Musk the Power. He is going to drive the two together this time.
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Tikay: Thanks, I may do that. But then again, may hold for the long haul as I have confidence in this future technology combined with Musk. -
Tikay: Dr. Kris, wow, you sure called that reversal right. Still in the plus column so hanging on for now.
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scottyagreen
Gettin Musky up in here $SCTY and $TSLA ! I want to hold long but dont want to see the profit disappear - View all 3 replies
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sonicwarrior: $SCTY going down tomorrow. Missed Earnings and poor guidance. Just cuz Musk name on it doesn't mean its a profitable company. Wake up people -
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Rhinoish: sold at 36.5 for 121% gain in 2 months, was a small position though. Can only hope the earnings tank it and can buy back in. -
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Timothy Paul
Man been following $TSLA and $SCTY since Sept last year and did not get in.... now both seem just way overpriced.SCTY maybe some upside 28? - View all 3 replies
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Noodlez: i won't touch any solar stuff. but good to see you made decent money. congrats! -
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Dr. Kris: Tikay: If you're options savvy, try using a cash-secured put on dips to lower your cost of entry. Use limit orders!
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Perkins Cove
$SCTY, looks like The Musk Man made a good decision to lower the IPO price to $8. from 13-15. High so far @ 12.70. Plus 38% from 9.20 open. - View all 1 replies
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Perkins Cove: Thanks to OM for answering my earlier question about IPO starting times. And congrats to those that bought $SCTY at its start. Kachinggggg!
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Perkins Cove: LOL......I get it. An automatic jump up to start the money flow. Too bad those that bought FB @ 40+ did not wait a few minutes....thanks OM. -
Perkins Cove: On the other hand.....$SCTY has done well on it's opening day. No doubt due to The Musk Man factor.....and XIV can't make up its mind.



